Tier-1 US Global Military Terminal Provider Places Order of Over $5M with Gilat for Solid State Amplifiers

Petah Tikva, Israel, November 30, 2021 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today a follow-on order of over $5M from a Tier-1 US global military terminal provider for Solid State Power Amplifiers (SSPAs) for satellite communication (SATCOM) terminals sold to militaries throughout the world. Further contract expansion for Wavestream MicroStream SSPAs is expected in the near future.

Gilat’s fully-owned subsidiary, Wavestream, will provide tightly integrated MicroStream frequency conversion/amplifier units. Wavestream’s MicroStream Ka-band SSPAs were chosen because they efficiently meet the exacting SWaP requirements most essential for tactical and expeditionary military users.

Africa’s Largest Satellite Cellular Backhaul Network Extends Coverage with Gilat’s Technology to a Dozen Countries in Africa

Africa Mobile Networks (AMN) deploys hubs and places additional orders of Gilat cellular backhaul terminals to serve multiple Tier-1 Telcos in Africa

Petah Tikva, Israel, November 15, 2021 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Africa’s largest satellite cellular backhaul network is extending its coverage to a dozen countries in Africa. Africa Mobile Networks (AMN) has deployed Gilat hubs and placed additional orders of Gilat cellular backhaul terminals to serve multiple Tier-1 Telcos in Africa.

“AMN has selected Gilat, due to its superior cellular backhaul over satellite technology, to support the extension of Africa’s largest satellite-based network,” said Michael Darcy, CEO AMN. “We are pleased to contribute to closing the digital divide by furthering the reach of our network with Gilat’s SkyEdge II-c Capricorn VSATs, reaching more of the population in Africa.”

Gilat Reports Strong Revenue & Profitability Growth in Third Quarter 2021

Petah Tikva, Israel – November 9, 2021 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the third quarter of 2021.

Third Quarter Financial Highlights

• Revenues of $49.9 million, a 34% increase from $37.3 million in Q3 2020 and 12% lower than $56.9 million in the previous quarter;
• GAAP operating income of $0.9 million, a significant improvement compared with an operating loss of $10.9 million in Q3 2020 (which included $8.2 million of Comtech merger and acquisition and litigation expenses) and an operating loss of $0.3 million in the previous quarter;

Tier-1 Mobile Operator in Asia Expands 4G Network with Gilat’s Cellular Backhaul Solution

Petah Tikva, Israel, October 25, 2021 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that a Tier-1 mobile operator in Asia expanded its 4G network with Gilat’s cellular backhaul solution. Gilat’s field-proven carrier-grade VSATs to provide satellite backhaul to hundreds of sites of the nationwide 4G network.